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Lesson 2 Local and democratic ownership is crucially Local and democratic ownership is crucial to creating the capacity to invest and re-invest systematically in in the transition to more sustainable communities. necessary and generating to transition to more equitable and sustainable communities.

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Lesson 3 Local governments are emerging as a crucial partner and actor in pro- actively navigating the challenges and capturing the opportunities a serious commitment to sustainability represents.

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10 House Prices vs Average Income Vancouver (Dunbar) Price: $14,700 (3.5 years of a carpenter’s labour at $4,000) Price: $1.6m (33 years of a carpenter’s labour at $48,000)

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Capturing the Unearned Market Lift for Community Benefit The Community Land Trust Tenure CLTs own land under a non- profit multi-stakeholder democratic governance model The CLT leases the land to home owners or non-profit and co-op partners. Limited return restrictions on resale. Application to land for food growing, workspace, renewable energy 11 Source: Champlain Housing Trust

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Lesson 4 It is important to expand CLT like mechanisms that capture public benefits from public resources and investment. Reclaiming the commons through rebalancing the dominant ME with the collective WE is integral to transition to sustainability.